LOW Q2 2026 Earnings
Reported Aug 20, 2025 at 6:03 AM ET · SEC Source
Q2 26 EPS
$4.33
BEAT +2.15%
Est. $4.24
Q2 26 Revenue
$23.96B
BEAT +0.01%
Est. $23.96B
vs S&P Since Q2 26
-21.4%
TRAILING MARKET
LOW -8.5% vs S&P +12.9%
Market Reaction
Did LOW Beat Earnings? Q2 2026 Results
Lowe's posted a stronger-than-expected second quarter of fiscal 2025, with adjusted diluted EPS of $4.33 clearing the $4.24 consensus estimate by 2.15% and revenue of $23.96 billion edging past forecasts while rising 1.6% year over year. The headline… Read more Lowe's posted a stronger-than-expected second quarter of fiscal 2025, with adjusted diluted EPS of $4.33 clearing the $4.24 consensus estimate by 2.15% and revenue of $23.96 billion edging past forecasts while rising 1.6% year over year. The headline driver was disciplined execution across the core business, where comparable sales grew 1.1% despite headwinds from challenging early-quarter weather, with nine of fifteen regions and nine of fourteen product categories turning positive. The June closing of the Artisan Design Group acquisition for approximately $1.31 billion added strategic weight to the Pro and new construction segments, though the deal's $43 million in transaction and purchase accounting costs trimmed GAAP diluted EPS to $4.27. Gross margin expanded 34 basis points to 33.81%, underscoring solid operational control. Looking ahead, Lowe's raised its full-year sales outlook to $84.50 to $85.50 billion, incorporating ADG, while announcing an $8.80 billion deal to acquire Foundation Building Materials, a move that further deepens its reach into the professional contractor market.
Key Takeaways
- • Positive comparable sales of 1.1% driven by solid performance in both Pro and DIY
- • 9 of 15 regions delivered positive comp sales growth
- • 9 of 14 product categories delivered positive comp sales
- • Online sales grew 7.5% year-over-year
- • Gross margin expanded 34 basis points to 33.81%
- • Adjusted operating margin expanded 23 basis points to 14.66%
- • Positive Pro comp sales on top of strong mid-single-digit growth last year
- • Customer satisfaction scores increased again
LOW YoY Financials
Q2 2026 vs Q2 2025, source: SEC Filings
“This quarter, the company delivered positive comp sales driven by solid performance in both Pro and DIY. Despite challenging weather early in the quarter, our teams drove both sales growth and improved profitability. I'd also like to thank our front-line associates for their outstanding service which led to another increase in customer satisfaction scores.”
— Marvin R. Ellison, Q2 2026 Earnings Press Release
LOW Earnings Trends
LOW vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
LOW EPS Trend
Earnings per share: estimate vs actual
LOW Revenue Trend
Quarterly revenue: estimate vs actual
LOW Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q4 26 MISS FY | $2.07 | $1.98 | -4.35% | $20.58B | +1.14% |
| FY Full Year | $12.26 | $12.28 | +0.17% | $86.29B | +0.27% |
| Q3 26 BEAT | $2.95 | $3.06 | +3.61% | $20.81B | -0.15% |
| Q2 26 BEAT | $4.24 | $4.33 | +2.15% | $23.96B | +0.01% |
| Q1 26 BEAT | $2.88 | $2.92 | +1.48% | $20.93B | -0.18% |